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116 Carillon Market St Ste 701, Panama City Beach, FL, 32413

4beds
5baths
3,623sqft
$2,800,000
$773price/sqft
$19,180/moest. monthly cost
$767,200/yrincome needed

About This Home

This waterfront coastal contemporary Penthouse retreat with 4 bedrooms, 4.5 baths and 3,623 sq ft spans the entire top level of a small 7-story, recently renovated condo building. It features a wrap around balcony with unmatched panoramic views of the Gulf, Lake Carillon and Lake Powell. It is located in the charming, vibrant, gated community of Carillon Beach approximately 2 miles East of Rosemary Beach. and 10 minutes from Pier Park. In addition to the condo pool, the owners of Sunrise and Sunset enjoy all the amenities of Carillon Beach - four pools, private access to a miile of private, pristine beach, tennis, basketball courts and 8 community walkovers to the beach., The shops and park in the Carillion Town Center are a great place to shop, grab a bite to eat and listen to music. This Penthouse was completely renovated in 2004 with a stunning high-end remodel including new windows. There's an elevator entry into a private foyer to Unit 701. The open concept living area with high beamed cailing, large great room with gas fireplace, wall of glass doors and windows, and a spacious dining room. combines the upscale chef's kitchen with island, long breakfast bar and top-of-the-line appliances. The two Master suites also access the balcony with expansive water views, luxurious baths with soaking tub and walkin shower and large walk-in closets. There is a guest room with four, full size bunk beds and private bathroom with tub. It opens onto the wide balcony offering views of Lake Powell. The second guest room with balcony access features a large closet and luxurious bath with a walk-in shower. There is also a powder room and spaciious laundry room with plenty of cabinets. This Penthouse is a ''one of a kind'! It is the perfect family or corporate retreat or rental investment! It is being sold completely funishing with high end designer furninshings.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

6/10
7/10
Surfside Middle SchoolGrades 6-88.4 mi
4/10
J.R. Arnold High SchoolGrades 9-1210.5 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Slab
  • Roof: Flat
  • Construction materials: Concrete,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Mid Rise
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater,Gas Cooktop,Gas Oven,Tankless Water Heater

Bedroom

  • Level: First
  • Dimensions: 15 x 13

Bedroom

  • Level: First
  • Dimensions: 15 x 14

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 14 x 11

Features

  • Window features: Double Pane Windows
  • Fireplace features: Gas
  • Fireplace: Yes

Great Room

  • Level: First
  • Dimensions: 26 x 14

Half Bath

  • Level: First

Heating & Cooling

  • Heating features: Electric,Fireplace(s)
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 3,623
  • Total interior livable area: 3,623 sqft

Kitchen

  • Level: First
  • Dimensions: 16 x 14

Laundry

  • Level: First
  • Dimensions: 12 x 8

Master Bathroom

  • Level: First
  • Dimensions: 16 x 14

Master Bathroom

  • Level: First
  • Dimensions: 16 x 14

Master Bedroom

  • Level: First
  • Dimensions: 22 x 14

Master Bedroom

  • Level: First
  • Dimensions: 16 x 14

Property

Details

  • Parcel number: 40000350013
  • Attached to another structure: Yes
  • Zoning description: Resid Multi-Family

Features

  • Stories: 7
  • Pool features: In Ground,Community
  • Patio & porch: Balcony,Patio
  • Exterior features: Patio
  • Spa features: Community
  • Has view: Yes
  • View description: Gulf,Lake
  • Has water view: Yes
  • Water view: Gulf,Lake
  • On waterfront: Yes
  • Waterfront features: Lake,Lake Front

Lot

  • Features: Paved
  • Lot size dimensions: 0 x 0

Parking

  • Parking features: No Garage,Paved,Parking Lot,Gated

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Inland Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Bay County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,158$169,896
Home Insurance *$3,282$39,384
Property Taxes $1,376$16,512
Electricity $364$4,375
Total$19,180$230,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$657,600/yr
40% on housing$575,400/yr
45% on housing$511,466/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$773This listing

vs Other Active Listings

Avg $/sqft

ZIP 32413$284
Bay County$241

vs Homes Sold Last Month

Median $/sqft

ZIP 32413$311
Bay County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Price change$2,800,000
2025-10-10Price change$3,250,000
2025-09-12Listed for sale$2,999,000
2025-07-30Listing removed$2,799,000
2025-07-27Price change$2,799,000
2025-05-28Listed for sale$2,999,000
2021-04-14Listing removed--
2021-01-11Listed for sale$1,550,000
2013-06-25Sold$1,155,000
2012-05-12Listing removed$1,595,000
2012-02-12Listed for sale$1,595,000
2008-05-06Listing removed$3,200,000
2008-04-02Price change$3,200,000
2008-03-08Listed for sale$3,500,000

For Sale by Agent

AgentMary Stephens
BrokeragePrestigious Beach Properties of The Emerald Coast LLC

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